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Questions about a Grand Pacific Palisades Ownership

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janda727

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I'm considering taking over a Grand Pacific Palisades Ownership. According to the owner it's completely paid. It's a 3 bedroom floating week at the Grand Pacific Palisades by Legoland, CA.

Does this sound like a good deal? I will be paying $1100 a year in maintenance. Has anyone had experience with this. Is the resort easy to get into?
 
Welcome!

We've owned a tiny interest (1BR, every OTHER year) at Grand Pacific Palisades since 2001. Ours is a fixed summer week and have been pleased with our trades out to other RCI destinations. This is a well managed property with lots of advantages to ownership:
  • Day use - anytime. Year-round access to the pools & fitness center. The number of guests you are permitted to bring is tied to the size unit you own. (Your 3BR would permit more guests than my 1BR unit.)
  • Discounted annual dues for RCI (major exchange company).
  • RCI "home resort" exchange advantage across all GPR properties.
  • Waiver of the RCI "1-in-4" rule limited inbound exchanges. (Owners may trade in w/out worry of the 1-in-4 rule.)
  • Annual Owner's meeting and pool party. (Food, drawings for freebies, Timeshare Fair)
  • Bonus time and ResorTime. (Grand Pacific Resort owners received a lifetime free membership in ResorTime.)
  • Choice of using RCI and/or GPX exchange options.
NOTE: Please review the Resort Fact sheet for number of units, reservation windows, etc. Especially important: Float Weeks do NOT include the summer season. (Summer weeks were sold as "fixed weeks.") However, float week owners may split their stay into two partial week reservations (one 3-night; and a separate 4-night).
 
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rhonda said:
Welcome!

We've owned a tiny interest (1BR, every OTHER year) at Grand Pacific Palisades since 2001. Ours is a fixed summer week and have been pleased with our trades out to other RCI destinations. This is a well managed property with lots of advantages to ownership:
  • Day use - anytime. Year-round access to the pools & fitness center. The number of guests you are permitted to bring is tied to the size unit you own. (Your 3BR would permit more guests than my 1BR unit.)
  • Discounted annual dues for RCI (major exchange company).
  • RCI "home resort" exchange advantage across all GPR properties.
  • Waiver of the RCI "1-in-4" rule limited inbound exchanges. (Owners may trade in w/out worry of the 1-in-4 rule.)
  • Annual Owner's meeting and pool party. (Food, drawings for freebies, Timeshare Fair)
  • Bonus time and ResorTime. (Grand Pacific Resort owners received a lifetime free membership in ResorTime.)
  • Choice of using RCI and/or GPX exchange options.
NOTE: Please review the Resort Fact sheet for number of units, reservation windows, etc. Especially important: Float Weeks do NOT include the summer season. (Summer weeks were sold as "fixed weeks.") However, float week owners may split their stay into two partial week reservations (one 3-night; and a separate 4-night).
Click to expand...

Thanks for all the info :D

How do I find out the trading power in RCI for it?
 
Do you have access to an RCI login, either your own or someone else's (family member or even the seller, perhaps)? Once you have an RCI login, try playing with RCI's Deposit Calculator. Be sure to select a variety of non-summer weeks.
 
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The specific amounts will vary but a quick look showed me the value of a three bedroom is 27-38 tpu's. My review excluded all the summer months since you said this was a floating week and my understanding is all summer weeks were sold as fixed weeks.
 
You might want to check on day usage if that is important to you. The last update that we went to for Marbrisa they said that day usage was no longer available even for developer purchases.
 
oneohana said:
You might want to check on day usage if that is important to you. The last update that we went to for Marbrisa they said that day usage was no longer available even for developer purchases.
Click to expand...

I think that is for the HGVC units, not GPR.


Sent from my iPad using Tapatalk 2
 
DAman said:
The specific amounts will vary but a quick look showed me the value of a three bedroom is 27-38 tpu's. My review excluded all the summer months since you said this was a floating week and my understanding is all summer weeks were sold as fixed weeks.
Click to expand...

Thanks for checking on that :D
 
janda727 said:
I'm considering taking over a Grand Pacific Palisades Ownership. According to the owner it's completely paid. It's a 3 bedroom floating week at the Grand Pacific Palisades by Legoland, CA.

Does this sound like a good deal? I will be paying $1100 a year in maintenance. Has anyone had experience with this. Is the resort easy to get into?
Click to expand...

There will also be a $450 transfer fee charged by Advanced financial Group, which handles the transfer etc. for this resort. This is probably one of the highest transfer fee for USA based timeshares.
 
Does anyone know if it's hard to get into the properties? I would primarily get it because we love San Diego. I'm also a WorldMark owner so I'm not sure if I want to take on more maintenance fees.
 
janda727 said:
Does anyone know if it's hard to get into the properties? I would primarily get it because we love San Diego. I'm also a WorldMark owner so I'm not sure if I want to take on more maintenance fees.
Click to expand...

You can book your reservation up to 13 months in advance. There aren't many 3 bedrooms. If you have a float week, you can't book the summer weeks. You can get mid June, but then nothing until first week of September. Will that matter to you?
 
janda727 said:
I'm also a WorldMark owner so I'm not sure if I want to take on more maintenance fees.
Click to expand...
Try asking the Worldmark vacation staff if you might still be able to book GPP as a direct exchange through WM? For a long time we had a direct-exchange relationship -- but I don't know if it still stands.
 
presley said:
You can book your reservation up to 13 months in advance. There aren't many 3 bedrooms. If you have a float week, you can't book the summer weeks. You can get mid June, but then nothing until first week of September. Will that matter to you?
Click to expand...

I would probably book mid June or after summer. Can I get into their other resorts easily?
 
rhonda said:
Try asking the Worldmark vacation staff if you might still be able to book GPP as a direct exchange through WM? For a long time we had a direct-exchange relationship -- but I don't know if it still stands.
Click to expand...

I think I can get an exchange with them. Thanks for the tip :D
 
rhonda said:
Try asking the Worldmark vacation staff if you might still be able to book GPP as a direct exchange through WM? For a long time we had a direct-exchange relationship -- but I don't know if it still stands.
Click to expand...

Not seeing anything on the booking screen ?

Can you help me?
 
sjuhawk_jd said:
There will also be a $450 transfer fee charged by Advanced financial Group, which handles the transfer etc. for this resort. This is probably one of the highest transfer fee for USA based timeshares.
Click to expand...

Worldmark is $399. So it's not too bad. How do I initiate the transfer? Do you know how long it takes?
 
janda727 said:
I would probably book mid June or after summer. Can I get into their other resorts easily?
Click to expand...

You will have access to the internal trading group, GPX. It will have all the other resorts, but spartan on summer weeks. Every resort in the group will charge you a daily resort use fee. This can run from $50-$100 per week.

GPP is the only resort in the group that I know of that will let you book partial week stays. You could do a few nights mid-June and then come back for Christmas, for example. They charge a cleaning fee on all stays after the first one.
 
Rent_Share said:
Not seeing anything on the booking screen ?

Can you help me?
Click to expand...
[strikethrough]Call the WM vacation desk. This can't be done online -- it is an internal exchange.[/strikethrough]

UPDATE: I just phoned to check. This is no longer an option ... the contract was not renewed.
 
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rhonda said:
[strikethrough]Call the WM vacation desk. This can't be done online -- it is an internal exchange.[/strikethrough]

UPDATE: I just phoned to check. This is no longer an option ... the contract was not renewed.
Click to expand...

That's a Bummer!
 
Does anyone know if dues can be paid monthly with this ownership?
 
I pay our MF all at once in early January. I think I recall a payment plan being offered but with a tax (added fee). I don't recall if the payment plan was monthly or quarterly as I quickly dismissed the notion of an added fee.
 
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